{"id":28348,"date":"2012-03-19T01:48:33","date_gmt":"2012-03-19T05:48:33","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28348"},"modified":"2012-03-19T01:48:33","modified_gmt":"2012-03-19T05:48:33","slug":"nzdusd-weekly-outlook-19-march-23-march","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/19\/nzdusd-weekly-outlook-19-march-23-march\/","title":{"rendered":"NZD\/USD Weekly outlook 19 March – 23 March"},"content":{"rendered":"

NZD\/USD Weekly outlook 19 March \u2013 23 March<\/strong><\/p>\n


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The Kiwi initially fell off against the greenback last week, however was able to claw back early losses closing the week modestly higher. The weekly chart produced a bullish pin bar; suggesting further gains could be expected.<\/p>\n

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\"nzdusdweeklyoutlook19-23march\"<\/p>\n

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As seen in the chart above, 0.8200 has proven a strong support and resistance level in previous trading. Last week\u2019s initial fall and subsequent close above 0.8200 may prove a significant event for the pair.<\/p>\n

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With the bullish price action and the weakening Dollar, we\u2019ll be looking to long the pair. Placing a limit order at a 50% retracement of last week\u2019s pin, we\u2019ll aim to initially target the 0.8450 area which is the next level of resistance, placing our stops just below last week\u2019s lows.<\/p>\n

Article by vantage-fx.com<\/strong><\/a><\/p>\n

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NZD\/USD Weekly outlook 19 March \u2013 23 March The Kiwi initially fell off against the greenback last week, however was able to claw back early losses closing the week modestly higher. The weekly chart produced a bullish pin bar; suggesting further gains could be expected. As seen in the chart above, 0.8200 has proven a … <\/p>\n

Continue reading “NZD\/USD Weekly outlook 19 March – 23 March”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28348","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28348"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}